About this Integrated Report

A flowering coffee tree in the state of Huila, Colombia.

Grupo Nutresa has prepared the Integrated Report 2019 GRI 102-1 GRI 102-50 to share with its stakeholders how the Organization manages risks and opportunities of the material issues that can impact the capacity to create value to the society. The Report comprises the main sustainability achievements, accomplished between January 1 and December 31, 2019. It also contains the future projections that will enable the Organization to share moments with its stakeholders for another 100 years.

The Integrated Report was designed with the purpose of communicating the Company’s strategy, management work, future outlook and success stories. Additionally, it includes indicators that reflect how the Organization contributes to the fulfillment of nine of the Sustainable Development Goals (SDGs 1, 2, 4, 8, 9, 12, 13, 16 and 17) GRI 102-12, which are related to each one of Grupo Nutresa’s six strategic priorities regarding sustainability: Acting with integrity, Fostering profitable growth and effective innovation, Promoting healthy lifestyles, Managing the value chain responsibly, Building a better society, and Reducing the environmental impact of the operations and products. The Report also includes the progress related to the fulfillment of the ten principles of the Global Compact, thus representing the eleventh progress report submitted to the United Nations GRI 102-12.

This document was prepared in accordance with the standard (Comprehensive option) published by the GRI (Global Reporting Initiative), and with the food sector supplement of the G4 guide GRI 102-54. In addition, it incorporates the principles and elements of the International Integrated Reporting Council’s framework (IIRC), and it covers 21 relevant topics from the social, environmental and economic dimensions from all the countries where Grupo Nutresa has significant operations, except for Venezuela, for which only the financial data, the number of employees and number of manufacture operations were included GRI 103-1.

This report is inspired by Grupo Nutresa’s 100-year Manifest.

For this report, data on GRI 205-3 GRI 102-48 was restated, by differentiation between corruption cases and acts against the Code of Corporate Governance, as well as the methodology to consolidate leave days and fatalities GRI 403-9 GRI 403-10 GRI 102-49. This document does not contain information related to the environmental performance of the Cold Cuts Business’s production plants located in Santa Rosa de Osos, Antioquia, and of the Ice Cream Business’s production plant located in Armenia, Quindío. It does not incorporate data from the Retail Food Business with regard to topics such as Nutrition and healthy lifestyles, and it does not include information regarding the Biscuits Business’s production plant located in Cumaral, Meta.

The financial information of Grupo Nutresa and its subordinated companies is prepared in accordance with the International Financial Reporting Standards (IFRS) approved in Colombia and with all other legal provisions issued by the surveillance and control agencies. The subsidiaries follow the accounting practices and policies adopted by the Parent Company, and in the case of the subordinate companies located outside Colombia they do not substantially differ from the accounting practices used in the countries of origin or their practices and policies have been standardized in the case of those that have a significant impact on the consolidated financial statements. All this information has been audited by PricewaterhouseCoopers GRI 102-56.

The non-financial information is verified by KPMG Advisory y Tax & Legal GRI 102-56, an independent auditing firm that abides by the guidelines of the ISAE 3000 international standard, whose report has concluded that the information is presented in accordance with the Comprehensive option of the GRI standards.

Reading guide

General contents GRI 101-3
Material topics GRI 301-1 G4-FP1
Sustainable Development Goals SDG 16

For an easier understanding by the readers, a specific format has been defined with the purpose of enabling a clear identification of the basic GRI contents in relation to each material topic and the Sustainable Development Goals to which they are connected. This document is available in its entirety on the Company’s website, both in English and Spanish (http://2019report.gruponutresa.com/)

Reading guide

General contents GRI 101-3
Material topics GRI 301-1 G4-FP1
Sustainable Development Goals SDG 16

For an easier understanding by the readers, a specific format has been defined with the purpose of enabling a clear identification of the basic GRI contents in relation to each material topic and the Sustainable Development Goals to which they are connected. This document is available in its entirety on the Company’s website, both in English and Spanish (http://2019report.gruponutresa.com/)
Menu